Property investors enjoyed capital gains of 9.45% over the last 12 months in URANGAN, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in URANGAN are low, as opposed to average gains per annum over the past five years.
The suburb posted a 25.86% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
On average, rents on listings have reached the $600 mark, reflecting a 4.27% increase in returns based on the current median price in URANGAN.
URANGAN, 4655 ranks 676th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 225th on the list of best yielding suburbs for rental properties in QLD, posting a 4.27% return.
Property investors have seen a 0.88% gain in URANGAN based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on URANGAN, 4655 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 14%.
Based on its average 5-year and quarterly capital gains URANGAN, 4655 saw average growth in the long term.
URANGAN, 4655 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $570,000.
Profits due to an upward trend in home prices in URANGAN, 4655 averaged 10.85% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $520 based on current median home prices for the suburb.
The gross rental yield in URANGAN, 4655 is 4.74%.
An average of 8.42 real estate transactions take place per month in URANGAN which translates to 101 per annum.